Summary
Overview
Work History
Education
Skills
Accomplishments
Timeline
Generic

PIYUSH SHARMA

Hellerup, Copenhagen

Summary

Chartered Accountant with 15+ years of experience in the field of finance, controlling, accounts, banking, group reporting, budgeting, cost controlling, capex controlling, taxation, legal and company secretarial work.
Having strong appetite for multitasking, can-do attitude, quick learner, self-starter, analytical mindset and eager to learn new things

Overview

18
18
years of professional experience

Work History

Business Controller

Ferring Pharmaceuticals A/S
Copenhagen
08.2022 - Current
  • Preparation of the budgets, forecasts for functions of R&D and monitoring the same against actuals throughout the year
  • Ensuring accurate and smooth monthly closing and timely reporting to Group
  • Part of the leadership team and presentation of the financials to leadership team during monthly management meetings
  • Working on the projects for cost savings

R&D Global Capex Controller

Ferring Global
08.2021 - Current

Global Capex controller for the R&D organization

  • Tracking the actual spent vis a vis budgets
  • Preparation of monthly deck for committee meeting and present the same to Senior
    Management
  • Co‑ordination with Local finance controllers in order to get updates on project status

Sr. Manager Finance and Accounts

Ferring Pharmaceuticals Pvt. Ltd.
Mumbai
05.2020 - 07.2022

Provided additional responsibility of R&D business unit, India

  • Ensuring accurate and smooth monthly closing and timely reporting to Group
  • Monitor internal/external cost on monthly basis against budgets
  • Driving the budget and forecasting process in close coordination with Business team
  • Provide meaningful MIS to business users in order to help them in decision making
  • Review and discussion with Project team regularly about utilization of Capex budgets
  • Working with Genpact for operational excellence in business processes for better user
    experiences

Manager Finance & Accounts

Ferring Pharmaceuticals Pvt. Ltd.
Mumbai
09.2015 - 04.2020
  • Responsible for statutory and management accounts, accounts receivable, accounts payable, taxation for M&S business unit, India and handled the team of four persons
  • Responsible for Management Accounts, monthly closing, preparation of budgets, business plans, monitor the performance of company against budget, variance analysis
  • Playing major role in achieving the Business Unit Contribution(BUC) target by introducing
    and implementing cost control measure across the organization
  • Review of month end closing activities i.e. prepaid, depreciation, provisions and other
    related entries to ensure all respective expenses has been recorded
  • Driving the audits(statutory/interim/internal/global) for completion in time bound manner
  • Responsible for implementing the ICS controls at every business processes and
    conducting quarterly self‑assessment
  • Driving and motivating the team, keeping the morale high in order to achieve common
    goals

Deputy Manager

Wanbury Limited
Navi Mumbai, Maharashtra
11.2011 - 08.2015

Responsible for Financial Planning, Budgeting, Audits, Secretarial and Treasury related work

  • Looking after preparation of Standalone and Consolidated Financial Statements with Notes to Accounts and Cash Flow statements
  • Preparation of Finance & Related Party presentations for quarterly Audit Committee
    Meetings & Board Meetings
  • Preparation of CMA data and applying for additional funding and resolving Bankers Queries
  • Liaisioning and coordinating with statutory auditors, internal auditors, concurrent auditors and tax consultants in furnishing various requirements

Article Assistant

Kapoor & Parekh Associates
Mumbai, Maharashtra
04.2007 - 10.2011
  • Participated and conducted statutory audits assigned, in line with audit plans
  • Conducted Quarterly Limited Reviews for the Listed Entities
  • Worked on computation of income of individuals, corporates and handled the assessments

Education

Company Secretary -

Institute of Company Secretaries of India
Mumbai
06-2011

Chartered Accountant -

Institute of Chartered Accountants of India
Mumbai
11-2010

Bachelor of Commerce -

SIES College of Arts, Science & Commerce
Mumbai
06-2009

Skills

  • Accounting & Reporting
  • Business Partnering
  • Stakeholder Management
  • Strategic Awareness
  • Risk Awareness
  • Driving Change
  • Cash flow management
  • Budget administration
  • Financial planning

Accomplishments

  • India nomination for Asian Tiger Program for 2022
  • Part of Product Launch Group (Carbetocin Launch) in Jun, 2021 as finance representative
    and in order to reach an agreement with Global about Logistics/movement/transfer price of
    the products (Got the Team work and Collaboration Award in AKOM 2021)
  • Handled the Global Auditors and got “controlled” rating for two years consecutively in
    Nov, 2019 and Oct, 2021(Got the Team work and Collaboration Award in AKOM 2020)
  • Received Emerging Leader Award in AKOM 2020 for improvement in business processes
    and leading the global audit
  • Led the project of Business Process Re‑engineering(BPR) and successful Go‑Live in Aug,
    2020
  • Completed financial feasibility of Hyderabad Project in Jun, 2018(Group was interested in
    setting up a manufacturing plant at Hyderabad, investment ~ INR 2100 Million)
  • Explored the applicability of SEIS scheme towards R&D foreign inflows and got around INR
    25 Million for three years (Got the Operational Excellence Award in AKOM 2019)
  • Handled the GST transition independently in 2017, carried out GST impact assessment study
    for organization, setting up of right processes in view of changes in law, re‑implemented
    entire MS NAV in coordination with Group IT (Got the Team work and Collaboration
    Award in AKOM 2018)
  • Implemented new ERP(Microsoft Navision) in Oct, 2015 (Got the Team work and
    Collaboration Award in AKOM 2016)
  • Undergone full‑fledged “coaching” from professional coach (~1.5 years “step up” program)
    which helped us identifying our strengths, potential derailers and recommendation for
    development, which helped ourselves in order to develop as a better Manager and apply the
    learnings/tricks in day to day work, be it professional or personal

Timeline

Business Controller

Ferring Pharmaceuticals A/S
08.2022 - Current

R&D Global Capex Controller

Ferring Global
08.2021 - Current

Sr. Manager Finance and Accounts

Ferring Pharmaceuticals Pvt. Ltd.
05.2020 - 07.2022

Manager Finance & Accounts

Ferring Pharmaceuticals Pvt. Ltd.
09.2015 - 04.2020

Deputy Manager

Wanbury Limited
11.2011 - 08.2015

Article Assistant

Kapoor & Parekh Associates
04.2007 - 10.2011

Company Secretary -

Institute of Company Secretaries of India

Chartered Accountant -

Institute of Chartered Accountants of India

Bachelor of Commerce -

SIES College of Arts, Science & Commerce
PIYUSH SHARMA